Global Fir Essential Oil Market Growth 2023-2029

Global Fir Essential Oil Market Growth 2023-2029

Fir (Abies) trees are a genus of 48–56 species of symmetrical, evergreen, coniferous trees belonging to the pine family. The root system of the fir tree helps prevent soil erosion. Fir trees are found through much of North and Central America, Europe, Asia, and North Africa, most often growing in the mountain regions of these continents. Fir needle essential oil most often comes from the fir needles of the Balsam fir (Abies balsamea) or silver fir (Abies alba) tree species.
LPI (LP Information)' newest research report, the “Fir Essential Oil Industry Forecast” looks at past sales and reviews total world Fir Essential Oil sales in 2022, providing a comprehensive analysis by region and market sector of projected Fir Essential Oil sales for 2023 through 2029. With Fir Essential Oil sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fir Essential Oil industry.
This Insight Report provides a comprehensive analysis of the global Fir Essential Oil landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fir Essential Oil portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fir Essential Oil market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fir Essential Oil and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fir Essential Oil.
The global Fir Essential Oil market size is projected to grow from US$ 41 million in 2022 to US$ 75 million in 2029; it is expected to grow at a CAGR of 75 from 2023 to 2029.
The market is really concentrated.Top 3 manufacturers took 45.50% market share in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Fir Essential Oil market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Douglas Fir Essential Oil
Siberian Fir Essential Oil
Silver Fir Essential Oil
Balsam Fir Essential Oil
Others
Segmentation by application
Personal Care
Aromatherapy
Pharmaceuticals
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
doTERRA
Young Living
Aromaland
Floracopeia
Mountain Rose Herbs
Now Foods
Florame
SVA Organics
Plant Therapy Essential Oils
A. G. Industries
Paras Perfumers
Vivasan
Ji’an Huatianbao
Jiangxi Baicao Pharmaceutical
Jiangxi Global Natural Spice
Key Questions Addressed in this Report
What is the 10-year outlook for the global Fir Essential Oil market?
What factors are driving Fir Essential Oil market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fir Essential Oil market opportunities vary by end market size?
How does Fir Essential Oil break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.